Alex Turner-Cohen

A string of companies involved in the building industry have collapsed into liquidation with cumulative debts of more than $45 million. A news.com.au investigation has found that 11 companies that appear to be linked to a cabinet…

Australians are flocking to Google with their mortgage woes and one in 50 homeowners are in “severe financial stress” amid back-to-back interest rate hikes over the past 18 months. The Reserve Bank of Australia (RBA) revealed on Friday that…

All employees at a Sydney joinery and manufacturing business heavily involved in corporate and commercial construction have lost their jobs and the firm has ceased to trade. On Friday morning, 30 cabinet makers rocked up to the Wetherill…

Embattled Chinese property juggernaut Evergrande has once again wriggled its way out of shutting down completely two years after becoming the most indebted company in the world. On Monday local time, many thought the property developer was…

The Victorian government is considering a major change to the process of building apartment blocks after multiple homeowners were stung by a blind spot in the law. In September, news.com.au reported that a loophole had left 77 Melbourne…

A politician is calling for an “immediate” investigation into Miss Universe Australia’s parents after it emerged that their failed businesses owe up to $45 million to creditors. News.com.au revealed last week that members of the public have…

Customers of a collapsed building firm have been left fuming after airing out their concerns to the master franchisor months ago but being turned away. Last Friday, news.com.au reported that Western Australia-based RPH Australia Pty Ltd…

A petition is calling for Australia’s Miss Universe representative to step down following reports her family owes up to $45 million to creditors.Last month, news.com.au reported that Moraya Wilson, who earned the title of Miss Universe…

The company behind the global Miss Universe competition has filed for bankruptcy just a week out from its international beauty pageant. Overnight, Thailand-based JKN Global Group submitted a petition for “business rehabilitation” into a…

An arm of a major hospitality business has quietly collapsed into liquidation, impacting nearly 250 staff members and a handful of other creditors. Melbourne-based Legacy Hospitality Group Pty Ltd went into voluntary liquidation earlier…